Date Approved
04/28/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
NORWOOD REAL ESTATE & DEVELOPMENT, INC.
Borrower Address
645 Gulf Shores Parkway
Borrower City
GULF SHORES
Borrower State
AL
Borrower Zip
36547-6425
Loan Status Date
05/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
15200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
445288
Servicing Lender Name
SmartBank
Servicing Lender Address
2430 Teaster Ln, Ste 205
Servicing Lender City
PIGEON FORGE
Servicing Lender State
TN
Servicing Lender Zip
37863-5274
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BALDWIN
Project State
Project Zip
CD
AL-01
Jobs Reported
2
NAICS Code
531210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
15352.84
Forgiveness Date
04/27/2021